Wednesday, January 9, 2008

The Perfect Storm

The PERFECT STORM
Converting your home to investment Property
What a concept!
What a great opportunity to do just that in these market conditions.
If you are ready for a larger property and would like to take advantage of the low interest rates but HATE selling your home at its current value
The perfect storm has finally arrived. .
Purchase a new home as a Primary residence therefore qualifying you as owner-occupied housing. This will immediately reduce your acquiring expenses requiring for you to come up with LESS down payment and qualifying for Lower Interest rates
Keep your current home and converted into an investment property
If you have lived in a property for two years for the last five years. .you can escape Federal Taxes on up to $500,000 in profit. (Caveat: You are still being taxed on depreciation for the actual rental years. . check with your accountant)
Another HUGE BENEFIT, You can feel more at ease. You know the property very well; you have an idea of its future expenses. It's the easiest way to transition in becoming a Real Estate Investor
OPM.
How many times have you heard this term?
Other
People's
Money
THIS IS EXACTLY THAT
You are using your Bank's money to Make Money!
If you live in a $300,000 home and rent it
Then Buy
A $700,000 home
You have ONE MILLON DOLLARS OF Real Estate!!
And now for the last piece. .
If your favorite candidate becomes president next year and the CHANGE they are talking about actually works. .
You could have a 10% increase in real estate value from our current bottom market prices. . .
With a cool one million dollars holding in real estate. . you just made
$100,000!
Using other peoples money
VIVA LA DEMOCRACIA !!
Isn't that amazing?
We are one step ahead of the competition
At Herboso & Associates, we look out for your best interest. .
We open the possibilities and we fully keep you connected with real estate. .because we breathe it 24- 7 in my office.
A Brand new service that http://www.reallynicehomes.com/ will be utilizing in the new future.
Get informed instantly for a FREE LIST of
EXECUTIVE HOMES in Foreclosure or Pre-Foreclosure.
We can find you these distressed homes directly from the bank. Please email me if you would like a free subscription n to this service
At: Fernando@ReallyNiceHomes.com

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